Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
TWO
HOLDTwo Harbors Investment Corp. · Real Estate · United States · $1.3B · Avg Vol: $36M/d
COMPANY DESCRIPTION
Two Harbors Investment Corp. is a real estate investment trust (REIT) primarily investing in residential mortgage-backed securities (RMBS), predominantly those guaranteed by government agencies. The company employs sophisticated quantitative models and hedging strategies to manage interest rate risk and optimize its portfolio returns. As an mREIT, Two Harbors focuses on generating income through net interest margin, aiming to deliver attractive dividends to shareholders.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|
| Revenue | 407.2M | 31.8M | 510.7M | 115.1M | -34.4% | 640.2M | 0.7M | -92.1% |
| EPS | 2.15 | -1.60 | 2.41 | -4.88 | 5.9% | -0.72 | — | — |
| Shares | 86.4M | 103.2M | 103.7M | 104.8M | +21.3% | 105.1M | — | — |
| Debt | 1.8B | 1.9B | 1.3B | 1.3B | -10.2% | 6.6B | — | — |
| Equity | 2.2B | 2.2B | 2.1B | 1.8B | -6.4% | — | — | — |
| Op CF | 623.4M | 343.5M | 201.0M | 88.9M | -47.8% | 127.2M | — | — |
| Inv CF | -2.8B | -195.8M | 895.3M | 911.6M | — | — | — | — |
| Fin CF | 1.2B | -479.4M | -1.1B | -756.2M | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Real Estate, ranked by industry match, size, and score similarity. Cross-listings of TWO are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| TWO | Two Harbors Investment Corp.(you) | $1.3B | 46 | HOLD |
| ARR | ARMOUR Residential REIT, Inc. | $2.0B | 49 | HOLD |
| ORC | Orchid Island Capital, Inc. | $1.3B | 33 | SELL |
| LADR | Ladder Capital Corp | $1.2B | 31 | SELL |
| IVR | Invesco Mortgage Capital Inc. | $776M | 40 | HOLD |
| MFA | MFA Financial, Inc. | $933M | 57 | HOLD |
| DX | Dynex Capital, Inc. | $3.0B | 49 | HOLD |
| CIM | Chimera Investment Corporation | $1.0B | 30 | SELL |
| TRTX | TPG RE Finance Trust, Inc. | $666M | 38 | HOLD |
| EFC | Ellington Financial Inc. | $1.7B | 64 | HOLD |
Peer medians: ROE 5.0% · P/E 26.5x · Gross margin 67.3%